Man sentenced on wire fraud, stolen property charges - KMOV.com

Man sentenced on wire fraud, stolen property charges

Posted: Updated:
By Daniel Fredman By Daniel Fredman

ST. LOUIS (KMOV) -- Martin Bachert, 32, St. Louis, was sentenced to 18 months in prison after he plead guilty to a scheme selling equipment to an out-of-state buyer and receiving payment but never deliving the equipment sold.

Prosecutors say in November 2012, Bachert, using the alias "Martin Federoa," told a California man that he worked for Emerson Electric Company and had connections to various companies to buy electric testing equipment. The man began purchasing equipment from Bachert and arranged wire transfer payment to Bachert's PayPal account. 

In early August 2013, Bachert sold the man additional merchandise for $15,800 which the man via wire transfer. Instead, Bachert admitted in his plea that he never intended to provide the equipment. Instead, he posed as his father and communicated to the victim via text message that he had been in an accident and while he was recovering, someone broke into his van and stole the equipment he was going to sell.

Bachert then told the victim that he was taking a job in Ukraine and would be able to repay the money for the equipment, plus 7 percent interest. But after making even more false representations, Bachert never repaid the money or delivered the equipment. Instead, he used the money he obtained from the victim and another victim to pay restitution to the court at his sentencing in another case involving prior fraudulent and illegal conduct.

Bachert pled guilty in October 2014 to one felony count of wire fraud and one felony count of interstate transportation of stolen property.

Powered by Frankly